The purpose of HotCopper is to discuss financial issues associated with the sharemarket and economy, and not to reassure people who may be feeling nervous about their investments (especially if the nervousness is probably warranted).
I will say that the gold mining sector is, in my opinion, the best value on an otherwise highly overvalued market at the moment, and that it should be a good investment in the longer term. If I was forced to hold on to a stock throughout a sharemarket decline, then NST would be close to the top of my list, as it should be one of the first to recover after any crash.
But when the tide goes out all boats will drop, regardless of how seaworthy they are.
If NST is good value now, it will be even better value at lower prices during a market decline.
I've decided not to hold. Maybe I'm being greedy and karma will result. Maybe I'm wrong and the shares will shoot directly to the moon from here. Or I could be right about the market and yet still miss the bottom and buy at the wrong time.
If I was going to hold then I still think that it is wise to prepare for a downside risk scenario, so that a sell at a bottom is not forced, and holders can survive to get the upside after the storm.
But that's just my opinion. Everybody is free to ignore it. DYOR.
- Forums
- ASX - By Stock
- NST
- Can't see NST holding its share price
Can't see NST holding its share price, page-1320
-
- There are more pages in this discussion • 212 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NST (ASX) to my watchlist
|
|||||
Last
$15.22 |
Change
0.000(0.00%) |
Mkt cap ! $17.49B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1787 | $16.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.00 | 3133 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1787 | 16.740 |
2 | 2704 | 15.980 |
2 | 1061 | 15.970 |
3 | 3313 | 15.720 |
1 | 2171 | 15.710 |
Price($) | Vol. | No. |
---|---|---|
14.000 | 1900 | 1 |
14.420 | 574 | 1 |
14.460 | 2803 | 3 |
14.470 | 484 | 1 |
14.480 | 1937 | 3 |
Last trade - 10.06am 28/08/2024 (20 minute delay) ? |
Featured News
NST (ASX) Chart |
Day chart unavailable
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online